Atlantic Lithium shares rise on new Ghana resource estimate
JORC-compliant Ewoyaa lithium resource grows 42%.
JORC-compliant Ewoyaa lithium resource grows 42%.
J Capital Research on Thursday published a report saying the lithium miner should be valued roughly 90% above its current market cap.
The Asia Pacific region, led by China, accounted for 90% of the world’s battery manufacturing in 2021.
The funds will be invested in a project at a salt flat called Salar de Hombre Muerto, located in the border between the northern Salta and Catamarca provinces.
Under the agreement, Imagine Lithium will grant a total of 3 million common share purchase warrants to the First Nations groups, with each receiving 1 million warrants.
Lithium has soared nearly 500% in the past year.
Chinese lithium prices double again in 2022, Benchmark’s mid-March assessment shows with seasonal restart of domestic brine supply unlikely to counter growing deficits.
IDTechEx predicts alternatives to Li-ion are set to play an increasingly important role due to their potential for improving cost and safety, easing material supply burdens, and less demanding requirements on energy density.
Teague Egan says EnergyX has the technology that can help Bolivia unlock its lithium.
The move gives Mineral Resources access to early-stage lithium projects in the Pilbara and Goldfields, where it already has existing operations.